On Wednesday (May 8), market risk sentiment will likely influence buyer demand for the AUD/USD early in the session. However, the AUD/USD may remain under pressure due to the less hawkish-than-expected RBA press conference. On Wednesday, the RBA will release its chart pack, which provides investors with graphics of the Australian economy and financial markets. During the RBA press conference, RBA Governor Michele Bullock discussed tight labor market conditions, household income, and the sticky inflation environment. The graphics will likely illustrate the balancing act the RBA faces. On the one hand, the RBA needs to ... (full story)